BaehrBots GmbH

BaehrBots GmbH

Automated trading for intraday transactions in the EPEX Spot market.

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Industry
Services for Renewable Energy
Company size
8 people
Headquarters
Dresden
Founded
2024
Type
Privately Held

BaehrBots offers AI-based solutions for the intelligent integration and automation of processes in power trading. This enables optimal management of energy storage and efficient use of renewable energy in the power grid. This leads to the stabilization of the power grid and helps to efficiently balance supply and demand. Nowadays, a significant portion of electricity comes from renewable sources like wind and photovoltaics. However, due to weather fluctuations, these are not steady electricity suppliers. Since the power grid must always operate at 50 Hertz to avoid Europe-wide blackouts, the fluctuations from renewables must be balanced in real-time. To enable this ongoing frequency regulation, supply and demand in the power grid must be continuously balanced. Therefore energy providers have traders who are responsible for buying and selling electricity around the clock in fifteen-minute intervals. Flexible power plants such as pumped-storage power plants or large batteries are needed to supply electricity to the grid when wind and solar energy are insufficient or to absorb excess electricity. Our offerings: Scalable high-performance trading environment running on the Google Cloud Platform Field-tested proprietary quantitative trading models Data platform for simulating new trading models on historical trading data Automation of processes in trading desks to reduce trading costs and control risks We are a team of experienced power traders, data scientists, and software developers. Our experience includes: °4 active trading models executing 5,000 automated trades per day °°5+ million trades handled °°°Processing 5 million order status updates and 15 million derived actions per day

Energy trading Power trading Arbitrage trading Algotrading Quantitative Trading Algorithmic trading Trading as a Service Automated Trading and High Frequency Trading

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